Hywin Holdings appoints new independent director

SHANGHAI, China, June 27, 2022 (GLOBE NEWSWIRE) — Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin” or the “Company”) (NASDAQ: HYW), a leading independent provider of wealth management services in China, today announced that Mr. Vincent Chun Hung Chan has was appointed to its Board of Directors, effective June 27, 2022.

Mr. Vincent Chun Hung Chan will exercise the functions of independent non-executive director of the Company. With over 28 years of private equity experience in Asia, Mr. Chan has been a director of Samena Capital, which primarily deals in private equity investing, since March 2021 and served as Senior Managing Director and Head of Asia of Samena Capital from 2016 to 2021. From 1991 to 2016, he served several large private equity investment firms, including HSBC Equity Management Limited, Suez Asia Holdings (Hong Kong) Limited, JAFCO Investment (Asia Pacific ) Ltd and Spring Capital Asia, Limited.

Since September 17, 2020 and non-executive director of Memories Group Limited, whose shares are listed on the Catalist of the Singapore Exchange Securities Trading Limited (stock code: 1H4).

Mr. Chan is currently Chairman and Executive Director of the Hong Kong Venture Capital and Private Equity Association. Mr. Chan has been a member of the Main Board and the GEM Listing Review Committees of the Hong Kong Stock Exchange since July 2020. He was previously a member of the Main Board and the GEM Listing Committee of the Hong Kong Stock Exchange since May 2007 to May 2012. He was also a member of the Public Shareholders Group of HK SFC from July 2005 to March 2011.

Mr. Chan received a Bachelor of Arts from the University of Hong Kong in November 1986 and an MBA from Manchester Business School (then known as Victoria University of Manchester) in the United Kingdom in July 1988 He was admitted as a Chartered Financial Analyst by the Institute of Chartered Financial Analysts, USA in September 1993.

About Hywin Holdings Ltd.
Hywin (NASDAQ: HYW) is a leading independent wealth management service provider in China, specializing in providing asset allocation advisory services and comprehensive financial products to high net worth clients. The Company’s main services are wealth management, asset management and other comprehensive financial services. Wealth management is currently the company’s largest business segment, in which its onshore and offshore solutions platforms serve clients of all generations.

For more information, please visit https://ir.hywinwealth.com.

Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by terms such as “anticipate” , “estimate”, “foresee”, “plan”, “project”, “potential”, “continue”, “ongoing”, “expect”, “aim”, “believe”, “intend of”, “may”, “should”, “will”, “is/are likely”, “could”, and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statements except as required by applicable law.

Investor contacts:
Hywin Holdings Ltd.
Email: [email protected]

Media Contact:
ICR, LLC
Edmond Lococo
Phone: +86 138-1079-1408
Email: [email protected]

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